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Real Estate & Property Law

: Housing Wire

Capmark Nursing Homes Default, US Sues

By DIANA GOLOBAY

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The latest effort by US officials to crack down on costly mortgage fraud culminated in a lawsuit Tuesday after two federally-guaranteed mortgage defaults cost the government almost $26m. The US Justice Department filed suit against California-based mortgage lender Capmark Finance, seeking treble damages and penalties. The charges, filed in the US District Court in Los Angeles, [...]

Full post as published by Housing Wire on June 10, 2009 (boomark / email).

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